The global average retail price of LED lamps was US$21 in September 2014, indicating a fall of 4.9% from the prior month, and down 19.2% compared to the same time a year earlier, according to DisplaySearch.
Over the past 12 months, the lumens-per-dollar ratio of LED lamps has increased by 27.1% to 35.44 lumens per dollar, the firm added.
LED luminaires for outdoor and parking applications meanwhile will see revenues grow from US$921 million annually in 2014 to US$1.4 billion in 2021, said Navigant Research.
The firm also recently said the market share of LEDs in street lighting worldwide will grow from 53.3% in 2014 to 93.8% in 2023.
Source:
http://www.digitimes.com/news/a20141003VL201.html
